– USDCAD reversed from the resistance zone
– Likely to fall to support level 1.4300
USDCAD recently reversed down from the resistance zone between the resistance level 1.4500 (which has been reversing the price from January) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing – which stopped the earlier impulse wave 3.
Given the strength of the resistance level 1.4500, USDCAD can be expected to fall to the next support level 1.4300.
Bitcoin: ⬆️ Buy - Bitcoin broke round resistance level 90000.00 - Likely to rise to…
AUDUSD: ⬇️ Sell - AUDUSD reversed from the key resistance level 0.6400 - Likely to…
Market Overview The crypto market has gained around 2% over the past seven days, with…
Nike: ⬆️ Buy - Nike reversed from the long-term support level 52.60 - Likely to…
Natural gas: ⬇️ Sell Natural gas broke support area Likely to fall to support level…
EURUSD: ⬆️ Buy - EURUSD broke the resistance area - Likely to test resistance level…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="474px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
